Section 6507 - Application for license(a) General rule.--Before any license is issued to a private school, a verified application shall be made, in writing, to the board on a form prepared and furnished by the department. The application shall require a statement showing: (1) The title or name and address of the school or classes together with the name of the owners and controlling officers.(2) The general and specific fields of instruction which will be offered and the purposes of such instruction.(3) The place or places where instruction will be given or correction services provided by correspondence schools.(4) A specific listing of the equipment and staff available for instruction in each program, and for the proper administration of correspondence courses of study and for maintenance of an adequate correction service.(5) The maximum enrollment to be accommodated on equipment available in each program.(6) The qualifications of instructors, administrators and supervisors in each program.(7) Financial resources available to equip and maintain the school, classes or service.(8) An agreement to abide by reasonable service and business ethics prescribed by the board.(9) For relicensure, statistical data on tuition rates, job placement of graduates, percentage of students completing programs of study and the level of State support for students.(10) Any additional information the board may deem necessary to enable it to determine the adequacy of the program of instruction, the business integrity and related matters. An application must be complete for board consideration.(b) Financial responsibility.--Each private licensed or registered school shall demonstrate to the board that it has adequate resources or forms of surety available for the purpose of reimbursing unearned tuition due students whenever the licensed or registered school ceases to operate. The form of financial responsibility or surety established by the private licensed or registered school shall be subject to approval by the board. The board shall promulgate regulations under this act establishing the levels and forms of financial responsibility or surety that the private licensed or registered school is permitted to establish. Until such regulations take effect, the surety requirements in existence on the effective date of this act shall continue to be enforced.(c) Licensing rules.--The board shall prescribe rules and regulations for the licensing of admissions representatives.1986, Dec. 15, P.L. 1585, No. 174, § 7, effective 1/1/1987.